Short Interest in DHL Group Sponsored ADR (OTCMKTS:DHLGY) Expands By 232.1%

DHL Group Sponsored ADR (OTCMKTS:DHLGY – Get Free Report) saw a significant growth in short interest in April. As of April 30th, there was short interest totaling 44,333 shares, a growth of 232.1% from the April 15th total of 13,349 shares. Based on an average trading volume of 208,625 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are short sold.

DHL Group Stock Performance

OTCMKTS:DHLGY traded down $0.62 during mid-day trading on Friday, hitting $27.28. 150,303 shares of the stock were exchanged, compared to its average volume of 574,172. The stock has a market capitalization of $61.05 billion, a price-to-earnings ratio of 12.30, a price-to-earnings-growth ratio of 1.43 and a beta of 1.22. The firm’s 50-day simple moving average is $36.65 and its 200 day simple moving average is $47.98. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.93 and a current ratio of 0.98. DHL Group has a fifty-two week low of $21.50 and a fifty-two week high of $30.59.

Get DHL Group alerts:

DHL Group (OTCMKTS:DHLGY – Get Free Report) last released its quarterly earnings results on Thursday, March 5th. The company reported $1.05 earnings per share for the quarter, missing the consensus estimate of $1.15 by ($0.10). The firm had revenue of $25.72 billion for the quarter, compared to analyst estimates of $22.51 billion. DHL Group had a return on equity of 16.35% and a net margin of 4.28%. As a group, equities analysts anticipate that DHL Group will post 2.02 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

DHLGY has been the subject of several recent analyst reports. Jefferies Financial Group downgraded DHL Group from a “buy” rating to a “hold” rating in a report on Tuesday, May 5th. Citigroup restated a “buy” rating on shares of DHL Group in a research note on Friday, May 8th. Barclays upgraded DHL Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, March 6th. Finally, Zacks Research upgraded DHL Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 8th. Two investment analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

Read Our Latest Stock Analysis on DHL Group

About DHL Group

(Get Free Report)

DHL Group (OTCMKTS: DHLGY) is the international logistics and postal services business of Deutsche Post DHL Group, headquartered in Bonn, Germany. The company operates a global network that serves corporate and individual customers with a range of logistics solutions spanning domestic and international mail and parcel services, express courier operations, freight forwarding, contract logistics and supply chain management. It offers services to e-commerce retailers, manufacturers, healthcare and automotive companies, among other industries.

Its principal operating activities are organized across distinct logistics businesses including express courier services for time‑sensitive international shipments, global forwarding and freight for air, ocean and road transport, contract logistics for warehousing and distribution, e‑commerce fulfillment solutions, and national postal and parcel operations in Germany.

Further Reading

• Five stocks we like better than DHL Group
• Datavalut Gains Traction: 5 Reasons to Sell Now
• TMC Stock: Why This Pre-Revenue Miner Is Worth Watching
• The Power Grid Is Dying—Is It Time to Buy Its Replacement?
• 3 AI Data Center Stocks Worth Watching for Capital Rotation

Receive News & Ratings for DHL Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DHL Group and related companies with MarketBeat.com's FREE daily email newsletter.